Daily Current Affairs – 03rd June, 2016

Daily Current Affairs – 03rd June, 2016

National News:

• India and Morocco launch Chamber of Commerce and Industry
• India and World Bank sign agreement to improve efficiency and attractiveness of City Bus Services
• Union Cabinet approves MoU between DGCA and French Civil Aviation Authority
• Defence Minister to travel to Singapore; hold talks on Rafale jets
• India gifts 2,000 bicycles to poor dalit girls in Nepal
• National Film Archive of India (NFAI) acquires film songbooks
• Andhra Pradesh government to observe Navanirmana Week to commemorate state’s new formation day

International News:

• India, Qatar MoU on tourism approved by Union Cabinet
• Canada to enforce plain cigarette packaging
• France opens its first wine theme park
• India, USA ink deal to exchange terrorist info

Banking:

• ICICI Bank cuts lending rate by 0.05%
• India Post gets government nod to set up payments bank

Books & Authours:

• The Unseen Indira Gandhi: Dr KP Mathur, A new book The Unseen Indira Gandhi authored by Dr KP Mathur was released in May 2016

Sports:

• French Open: Sania Mirza enters mixed doubles quarterfinals
• Sri Lanka seam bowler Nuwan Kulasekara retires from Test cricket

India joins The Hague Code of Conduct

 

 

i. India has joined the Hague Code of Conduct against Ballistic Missile Proliferation (HCoC) to further strengthen global non proliferation.

ii. However, India has made it clear that it will not have any impact on the national security as well as country’s missile programmes. 

iii. The HCoC is a voluntary legally non-binding multilateral body aimed at preventing the spread of ballistic missiles that can deliver weapons of mass destruction (WMD).

India-US ink MoU to boost energy security, clean energy cooperation

 

 

i. India and United States have signed an MoU to enhance cooperation on energy security, clean energy and climate change in New Delhi with an aim to promote sustainable growth.

ii. It was signed by India's Power Secretary P.K. Pujari and US Ambassador to India Richard Verma.

iii. Under the MoU, the priority initiative are - US-India Energy smart Cities Partnership, greening the grid, promoting Energy Access through Clean Energy (PEACE) expansion. It also includes energy efficiency including space cooling, energy security, renewable energy, clean energy finance and US-India partnership for Climate Resilience etc.

NK Chari is MD of State Bank of Mysore

 

 

i. Mr. NK Chari has been appointed Managing Director of the State Bank of Mysore (SBM) with an immediate effect from 30th May. 

ii. Prior to his new position, he was the Deputy Managing Director of State Bank of India. He has joined State Bank of India as a Probationary Officer in September 1978 and also served as the Chief Operating Officer in National Banking Group, the retail branch network of State Bank of India.

iii. This development comes on the back of the proposed merger of SBM with SBI.

 

 

 

 

 

 

 

Dr. R Seetharaman conferred with 2016 Green Economy Visionary Award

 

 

 

 

 

i. A Qatar-based Indian banker Dr. R Seetharaman has been awarded with the 2016 ‘Green Economy Visionary award’.

ii. He has been awarded with this award for his contribution in environment-friendly activities and thereby promoting green economy for nearly two decades. 

iii. He received the award from Mohammed Jarrah Al-Sabah, Chairman of Union of Arab Banks at the 2016 Union of Arab Banks (UAB) International Banking Summit held in Rome.